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Monday, 1 October 2018

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Bad loans worth Rs 36,551 cr recovered in Q1; NPAs declined by Rs 21,000 cr: Jaitley

Bad loans worth Rs 36,551 cr recovered in Q1; NPAs declined by Rs 21,000 cr: Jaitley

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Finance minister Arun Jaitley in a Facebook post, titled "WRITE OFF- NO LOAN WAIVER", defended the process of writing-off bad loans by banks and called it "a regular exercise" conducted to clean up their balance sheets.

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